Pickering market report · January 2025
Pickering housing market: January 2025
Pickering housing market in January 2025: $950,327 average sale price (down 0.4% year over year), 80 homes sold, 2.6 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Pickering in January 2025
Pickering recorded 80 sales in January 2025, 12.7% more than the same month a year earlier. Sellers brought 198 new listings to market, leaving 234 properties in inventory — 78.6% more than a year ago. At the month's pace of sales that is 2.6 months of supply, which puts Pickering in a balanced market. 44% of the month's new listings sold.
The average sale price across all property types was $950,327, down 0.4% year over year and down 3.5% on the month. Detached homes averaged $1,244,958 against $571,467 for condo apartments — the gap that decides which side of the $1.5 million insured-financing cap a purchase here falls on.
The two years to January 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,244,958 | +7.3% | 36 | 97 | 112 |
| Semi-detached | $801,500 | -18.8% | 2 | 8 | 12 |
| Row / townhouse | $899,567 | -0.1% | 12 | 32 | 40 |
| Apartment | $571,467 | -3.3% | 15 | 41 | 42 |
| All types | $950,327 | -0.4% | 80 | 198 | 234 |
Source: the Toronto Regional Real Estate Board, Pickering, January 2025.
What this means if you're buying in Pickering
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. The north end runs into rural lending rules — well and septic, limited acreage valuation, and greenbelt restrictions that can affect what a property may be used for and therefore how it appraises. In the south, the newer condo supply near the GO station raises the same maintenance-fee point as Square One: a high monthly fee reduces borrowing capacity, because lenders count a share of it against you.
Read the full Pickering area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Pickering?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.